18891 NE 20th AveNorth Miami BeachFL33179
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in North Miami Beach at 18891 NE 20th Ave, North Miami Beach, FL, 33179 generates $5,766/mo in rent, after a $9,055/mo payment. Total monthly income is $5,766/mo. Return on cash invested sits at 7.33% in year one, and rental yield is 3.74% on a $1,849,999 entry. Equity gained on principal adds $11,938/yr, while 5% annual appreciation builds toward $511,121 over five years. Five-year ROI reaches 35.91% and total cumulative return in cash sums $215,257. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,766/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
8,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33179, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,897 (100%) |
| Owner Occupied HU | 11,708 (56.0%) |
| Renter Occupied HU | 7,888 (37.7%) |
| Vacant Housing Units | 1,301 ( 6.2%) |
| Median Home Value | $417,762 |
| Average Home Value | $504,468 |
Housing Distribution
Address Breakdown
Residential
19,454
Single Family
9,651
Multi-Family
9,803
Businesses
873
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Listed by: John DeMarco • RE/MAX 5 Star Realty
Mls Name: MIAMI
Mls ID: #A11928047